Who owns NRDS
Which tracked institutional funds hold NRDS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NRDS company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
25 tracked funds added or opened NRDS while 36 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
NRDS’s largest tracked holder by dollar value, Topline Capital Management, LLC, sizes it at 7.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 7.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in NRDS divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 140 tracked filers holding NRDS, 74 increased or opened the position and 93 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in NRDS between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 8
- BRIDGEWAY CAPITAL MANAGEMENT, LLC$2M
- Empowered Funds, LLC$1M
- Mitsubishi UFJ Trust & Banking Corp$749K
- Vident Advisory, LLC$649K
- WINMILL & CO. INC$648K
- RAYMOND JAMES FINANCIAL INC$565K
Full exits 8
- WELLINGTON MANAGEMENT GROUP LLP$6M
- JANE STREET GROUP, LLC$6M
- HRT FINANCIAL LP$2M
- CENTAURUS FINANCIAL, INC.$2M
- Quantbot Technologies LP$1M
- PRUDENTIAL FINANCIAL INC$655K
Largest adds
- MORGAN STANLEY$4M
- D. E. Shaw & Co., Inc.$3M
- JACOBS LEVY EQUITY MANAGEMENT, INC$2M
- CITADEL ADVISORS LLC$2M
- AMERICAN CENTURY COMPANIES INC$2M
- FMR LLC$1M
Largest trims
- Topline Capital Management, LLC$24M
- BlackRock, Inc.$8M
- VANGUARD PORTFOLIO MANAGEMENT LLC$8M
- RENAISSANCE TECHNOLOGIES LLC$6M
- OP Asset Management Ltd$4M
- MILLENNIUM MANAGEMENT LLC$4M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Topline Capital Management, LLC trimmed | 3,289,285 | $30M | 12.4% | 2026-Q2 |
| BlackRock, Inc. trimmed | 2,579,569 | $24M | 9.7% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 1,770,333 | $16M | 6.7% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,433,877 | $13M | 5.4% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 1,370,062 | $13M | 5.2% | 2026-Q2 |
| Quinn Opportunity Partners LLC added | 1,052,114 | $10M | 4.0% | 2026-Q2 |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 1,034,562 | $10M | 3.9% | 2026-Q2 |
| STATE STREET CORP added | 926,571 | $9M | 3.5% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 851,676 | $8M | 3.2% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 813,807 | $8M | 3.1% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 789,259 | $7M | 3.0% | 2026-Q2 |
| FMR LLC added | 665,591 | $6M | 2.5% | 2026-Q2 |
| MORGAN STANLEY added | 624,993 | $6M | 2.4% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 527,000 | $5M | 2.0% | 2026-Q2 |
| OP Asset Management Ltd trimmed | 468,194 | $4M | 1.8% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 349,537 | $3M | 1.3% | 2026-Q2 |
| NORTHERN TRUST CORP added | 341,362 | $3M | 1.3% | 2026-Q2 |
| Trexquant Investment LP trimmed | 339,017 | $3M | 1.3% | 2026-Q2 |
| UBS Group AG trimmed | 320,124 | $3M | 1.2% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 303,401 | $3M | 1.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 298,070 | $3M | 1.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 297,661 | $3M | 1.1% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 285,636 | $3M | 1.1% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 262,293 | $2M | 1.0% | 2026-Q2 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC new | 257,136 | $2M | 1.0% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 229,958 | $2M | 0.9% | 2026-Q2 |
| LOS ANGELES CAPITAL MANAGEMENT LLC trimmed | 225,937 | $2M | 0.9% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 225,650 | $2M | 0.9% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 214,820 | $2M | 0.9% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 214,530 | $2M | 0.8% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 191,473 | $2M | 0.7% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 175,027 | $2M | 0.7% | 2026-Q2 |
| Nuveen, LLC added | 173,462 | $2M | 0.7% | 2026-Q2 |
| Jump Financial, LLC added | 154,800 | $1M | 0.6% | 2026-Q2 |
| XTX Topco Ltd trimmed | 149,428 | $1M | 0.6% | 2026-Q2 |
| CITIGROUP INC added | 145,482 | $1M | 0.5% | 2026-Q2 |
| Empowered Funds, LLC new | 132,136 | $1M | 0.5% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 129,433 | $1M | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 123,697 | $1M | 0.5% | 2026-Q2 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC trimmed | 114,994 | $1M | 0.4% | 2026-Q2 |
| Invesco Ltd. added | 114,109 | $1M | 0.4% | 2026-Q2 |
| Quantinno Capital Management LP added | 111,236 | $1M | 0.4% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 109,809 | $1M | 0.4% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 95,461 | $883K | 0.4% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 89,649 | $829K | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 89,538 | $841K | 0.3% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 84,480 | $781K | 0.3% | 2026-Q2 |
| Mitsubishi UFJ Trust & Banking Corp new | 80,953 | $749K | 0.3% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 76,800 | $710K | 0.3% | 2026-Q2 |
| ALLSTATE CORP added | 71,345 | $660K | 0.3% | 2026-Q2 |
| Vident Advisory, LLC new | 70,165 | $649K | 0.3% | 2026-Q2 |
| WINMILL & CO. INC new | 70,000 | $648K | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 66,635 | $616K | 0.3% | 2026-Q2 |
| TEACHER RETIREMENT SYSTEM OF TEXAS trimmed | 65,614 | $607K | 0.2% | 2026-Q2 |
| Swiss National Bank trimmed | 63,300 | $586K | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 61,117 | $565K | 0.2% | 2026-Q2 |
| CAXTON ASSOCIATES LLP added | 59,147 | $547K | 0.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 58,089 | $537K | 0.2% | 2026-Q2 |
| Squarepoint Ops LLC added | 54,905 | $508K | 0.2% | 2026-Q2 |
| BROWN BROTHERS HARRIMAN & CO | 53,674 | $496K | 0.2% | 2026-Q2 |
| Weiss Asset Management LP new | 52,160 | $482K | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 51,388 | $475K | 0.2% | 2026-Q2 |
| Brevan Howard Capital Management LP added | 50,861 | $470K | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 50,298 | $464K | 0.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 49,651 | $459K | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 49,375 | $457K | 0.2% | 2026-Q2 |
| Aquatic Capital Management LLC added | 47,658 | $441K | 0.2% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL trimmed | 44,890 | $415K | 0.2% | 2026-Q2 |
| STRS OHIO added | 44,300 | $410K | 0.2% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 42,880 | $397K | 0.2% | 2026-Q2 |
| Jain Global LLC added | 40,219 | $372K | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 35,809 | $331K | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 35,242 | $326K | 0.1% | 2026-Q2 |
| Legal & General Group Plc | 33,750 | $312K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 33,128 | $306K | 0.1% | 2026-Q2 |
| State of Wyoming trimmed | 27,007 | $250K | 0.1% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 25,577 | $237K | 0.1% | 2026-Q2 |
| Rangeley Capital, LLC new | 23,300 | $216K | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd | 22,272 | $206K | 0.1% | 2026-Q2 |
| Creative Planning trimmed | 21,621 | $200K | 0.1% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 21,489 | $199K | 0.1% | 2026-Q2 |
| Campbell & CO Investment Adviser LLC new | 20,786 | $192K | 0.1% | 2026-Q2 |
| JUPITER ASSET MANAGEMENT LTD added | 20,078 | $186K | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC trimmed | 19,816 | $183K | 0.1% | 2026-Q2 |
| Y-Intercept (Hong Kong) Ltd trimmed | 19,788 | $183K | 0.1% | 2026-Q2 |
| Jupiter Topco LLC new | 18,400 | $170K | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 17,967 | $166K | 0.1% | 2026-Q2 |
| Entropy Technologies, LP added | 17,314 | $160K | 0.1% | 2026-Q2 |
| AVIVA PLC trimmed | 17,311 | $160K | 0.1% | 2026-Q2 |
| Badgley Phelps Wealth Managers, LLC trimmed | 16,186 | $150K | 0.1% | 2026-Q2 |
| MARTINGALE ASSET MANAGEMENT L P trimmed | 15,405 | $142K | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 15,246 | $141K | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 13,230 | $125K | 0.1% | 2026-Q2 |
| Walleye Capital LLC trimmed | 12,786 | $118K | 0.0% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey | 12,164 | $113K | 0.0% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND | 9,985 | $92K | 0.0% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. | 8,672 | $80K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 8,276 | $77K | 0.0% | 2026-Q2 |
| KLP KAPITALFORVALTNING AS | 8,100 | $75K | 0.0% | 2026-Q2 |
| BARCLAYS PLC trimmed | 6,688 | $62K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.